Hey guys
Is there a lot of cash on the sidelines waiting to come in as some of you say???
Ordinarilly I would agree with you but the GOLD price is heading upward which means a great deal of money is buying the yellow stuff.
why???
Some one is getting scared about inflation..........
The arabs bought 50B mostly of gold in sept ,
if they
ramp up oil price.......
inflation fears
stocks fall
GOLD rockets up......
who gains???!!!
I am by no means a GOLD BUG but it makes sense to me . I am sitting out this Xmas rally sitting on my hands
and wincing in pain by not getting back into the market
....I will either be a fool or a prophet by Feb
good luck to you
Baxter
us reversal candle given .short, page-23
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Last
$65.15 |
Change
-0.050(0.08%) |
Mkt cap ! $12.63B | |||
| Open | High | Low | Value | Volume |
| $65.25 | $65.50 | $64.90 | $72.98M | 1.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7 | $65.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $65.17 | 553 | 4 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |